Bango (LON:BGO) Announces Quarterly Earnings Results

Bango (LON:BGO) posted its earnings results on Tuesday. The company reported GBX (0.55) (($0.01)) EPS for the quarter, Digital Look Earnings reports.

Shares of BGO stock traded up GBX 12 ($0.16) on Tuesday, reaching GBX 176.50 ($2.31). 279,733 shares of the company were exchanged, compared to its average volume of 195,672. The company has a 50-day moving average of GBX 148.47 and a 200-day moving average of GBX 134.66. The company has a market cap of $131.33 million and a price-to-earnings ratio of -53.48. The company has a debt-to-equity ratio of 7.15, a current ratio of 1.58 and a quick ratio of 1.33. Bango has a one year low of GBX 36 ($0.47) and a one year high of GBX 194 ($2.53).

Separately, FinnCap reiterated a “corporate” rating on shares of Bango in a report on Tuesday, July 14th.

In other news, insider Paul Larbey purchased 10,000 shares of the stock in a transaction dated Tuesday, July 21st. The shares were purchased at an average cost of GBX 139 ($1.82) per share, with a total value of £13,900 ($18,162.81). Also, insider Nancy Cruickshank purchased 16,858 shares of the stock in a transaction dated Friday, July 24th. The shares were purchased at an average cost of GBX 148 ($1.93) per share, for a total transaction of £24,949.84 ($32,601.39).

Bango Company Profile

Bango plc develops, markets, and sells technology to enable mobile phone users to make payments for goods and services on connected devices primarily in the United Kingdom. The company offers Bango Platform, which enables app stores and merchants to pay using carrier billing and wallets; Bango Grid that enables stores to plan, launch, and manage their payment routes; and Bango Boost, a tool to monitor and optimize carrier billing services.

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